Post Cinco De Mayo Show! Short-Sale Shennanigans, Dried Up Inventory and the “Equity Brick Wall”

 You want to see what a “Seller’s” Market looks like? The Stats below say it ALL!!! Scarcity rules the roost!!

•  Months supply last year at this time: 4.5 months  Today—1.4  months supply

•  “Under Contract” properties—UP +43%

•  New Properties by Month—DOWN 28%

•  For Sale properties by Month—DOWN 35%

•  Days on the Market—down by 37%

•  Months supply of Inventory—DOWN 68%